4 ms·

The median salary package at FB is $240,430[1]. Now I understand how that is possible. 1. http://www.businessinsider.com/facebook-median-pay-240000-2017-2018-4

The median salary package at FB is $240,430[1]. Now I understand how that is possible. 1. http://www.businessinsider.com/facebook-median-pay-240000-2017-2018-4 http://www.businessinsider.com/facebook-median-pay-240000-20... edit: salary package (salary, bonuses, and stock grants), not salary alone

conanbatt 9y ago
Dang, thats a lot of money. Though last year was a great year for stocks in general, I wonder how much that would change in a bear market.
coastal-fiesta 9y ago
Is that truly salary? Or total compensation?
- erobbins 9y ago
  TC, almost certainly. Otherwise I need to quit and get rehired :)
- rb2k_ 9y ago
  from the article: "That's total compensation, which includes salary, bonus, and stock grants."
- paxys 9y ago
  "Median pay package", which I assume includes base salary, bonuses, stock grants, insurance, and some dollar value for other benefits.
  - whyenot 9y ago
    from the article: salary, bonuses, and stock grants.
objclxt 9y ago
It's a slightly misleading figure because it includes all the stock grants given in 2017. From the proxy statement: > we calculated as actual salary paid to our employees for 2017 [...], actual bonus or sales commission earned by our employees in 2017, and the value of equity awards granted to our employees in 2017 Specifically, if you joined in 2017 the value of your entire initial stock grant was used. This skews the median quite a bit. For example, if I joined Facebook in 2017 at $150,000 and received a $400,000 RSU stock grant vesting over four years my median annual income for the purposes of these SEC calculations was $550,000 (even though most of that is in stock vesting over the next four years).
- PunchTornado 9y ago
  Not to mention the UK tax on it
- ugh123 9y ago
  Does that mean you have to pay income tax on it in 2017 even though its not fully realized until possibly 2021?
  - singron 9y ago
    You pay income tax on RSUs as they vest.
  - twblalock 9y ago
    You don't get taxed when they are granted. That would be pretty rough, because a lot of people get several years of RSUs granted when they join a company. When the RSUs vest, they are taxed as income. If you hold on to the shares for a while before selling them, and they increase in value, you'll pay capital gains taxes when you sell them.
- acchow 9y ago
  > For example, if I joined Facebook in 2017 at $150,000 and received a $400,000 RSU stock But over 2018, FB would book $0 of that RSU even though you vested $100k worth.
- 9y ago

conanbatt 9y ago

Dang, thats a lot of money. Though last year was a great year for stocks in general, I wonder how much that would change in a bear market.

coastal-fiesta 9y ago

Is that truly salary? Or total compensation?

erobbins 9y ago
TC, almost certainly. Otherwise I need to quit and get rehired :)
rb2k_ 9y ago
from the article: "That's total compensation, which includes salary, bonus, and stock grants."
paxys 9y ago
"Median pay package", which I assume includes base salary, bonuses, stock grants, insurance, and some dollar value for other benefits.
- whyenot 9y ago
  from the article: salary, bonuses, and stock grants.

objclxt 9y ago

It's a slightly misleading figure because it includes all the stock grants given in 2017. From the proxy statement: > we calculated as actual salary paid to our employees for 2017 [...], actual bonus or sales commission earned by our employees in 2017, and the value of equity awards granted to our employees in 2017 Specifically, if you joined in 2017 the value of your entire initial stock grant was used. This skews the median quite a bit. For example, if I joined Facebook in 2017 at $150,000 and received a $400,000 RSU stock grant vesting over four years my median annual income for the purposes of these SEC calculations was $550,000 (even though most of that is in stock vesting over the next four years).

PunchTornado 9y ago
Not to mention the UK tax on it
ugh123 9y ago
Does that mean you have to pay income tax on it in 2017 even though its not fully realized until possibly 2021?
- singron 9y ago
  You pay income tax on RSUs as they vest.
- twblalock 9y ago
  You don't get taxed when they are granted. That would be pretty rough, because a lot of people get several years of RSUs granted when they join a company. When the RSUs vest, they are taxed as income. If you hold on to the shares for a while before selling them, and they increase in value, you'll pay capital gains taxes when you sell them.
acchow 9y ago
> For example, if I joined Facebook in 2017 at $150,000 and received a $400,000 RSU stock But over 2018, FB would book $0 of that RSU even though you vested $100k worth.
9y ago